Medical Center For
3439 West North Avenue Chicago, IL 60647
3439 West North Avenue, Chicago, IL, 60647
$659,000
For Sale
$659,000
Healthcare property listed for sale, totaling 2,880 square feet at 3439 West North Avenue in Chicago.
Property Size2,880 SF
Price / SF$228.82
Days on Market134
Property Features for 3439 West North Avenue
General Information
- Standard status
- Active
- Size
- 2,880 SF
Building Details
- Year Built
- 1911
Listing agency
Baird & Warner
(847) 627-0039
Listed by
Rosemarie Hoffmann · License #471006249
(847) 627-0039
Source
Compass
Added: Mar 12 Updated: Jul 22 at 2:52PM Checked: Jul 22 at 2:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner
Investment Insights
Based on property information with market context.
This medical center/healthcare property is offered for sale and totals 2,880 square feet. The asset is presented as a dedicated healthcare use within the commercial real estate category, suitable for buyers seeking a medical-focused property footprint.
The property is located at 3439 West North Avenue in Chicago, Illinois. The listing is structured as a For Sale transaction.
The property is located at 3439 West North Avenue in Chicago, Illinois. The listing is structured as a For Sale transaction.
Key Highlights
- Healthcare property for sale at 3439 West North Avenue, Chicago
- Built in 1911
- Total building size: 2,880 SF
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.1k | $24.00 |
| − Vacancy | −$5.5k | −$1.92 |
| EGI | $63.6k | $22.08 |
| − OpEx | −$25.4k | −$8.83 |
| NOI | $38.2k | $13.25 |
2,880 SF · lease $24.00/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$545.1K
$476.9K – $635.9K
NOI $38,154 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $95,054 @ 7.0% cap · market cap 14.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
AIPJ Templo Puerta ...
Church
Similar For Sale Nearby
FAQs
What type of property is this?
Medical center - Healthcare property listed for sale, totaling 2,880 square feet at 3439 West North Avenue in Chicago.
Where is this medical center located?
The property is located at 3439 West North Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Healthcare property for sale at 3439 West North Avenue, Chicago; Built in 1911; Total building size: 2,880 SF
